How are resources and employment reallocated across sectors following different kinds of firm exits and what do these mechanisms mean for growth and productivity? What are the real-economy implications of company insolvencies, and what factors influence insolvency outcomes?
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The Labour Market section covers a range of questions to support HM Treasury to increase employment and making sure policy interventions support people to enter, remain and progress in work.
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Related UKRI funded projects
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How the design of bankruptcy procedures impacts macroeconomic and employment outcomes in the post-Covid recovery period: lessons from previous crises
We propose to investigate how the design of bankruptcy procedures impacts macroeconomic outcomes, and whether the design should be different in normal times and during times of economic distress. The Covid-19 crisis pr...
Funded by: COVID
Lead research organisation: London School of Economics and Political Science
Why might this be relevant?
The project directly addresses the question by investigating how bankruptcy procedures impact macroeconomic outcomes and employment reallocation following firm exits.